Herbalife Ltd. (HLF) Given Consensus Recommendation of “Hold” by Analysts

Shares of Herbalife Ltd. (NYSE:HLF) have been given an average recommendation of “Hold” by the eight ratings firms that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $86.67.

Several research analysts have recently weighed in on HLF shares. Zacks Investment Research cut shares of Herbalife from a “hold” rating to a “strong sell” rating in a report on Monday, November 6th. ValuEngine cut shares of Herbalife from a “strong-buy” rating to a “buy” rating in a report on Monday, December 4th. SunTrust Banks reaffirmed a “hold” rating and issued a $67.00 price target on shares of Herbalife in a report on Friday, November 10th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $120.00 price target on shares of Herbalife in a report on Thursday, January 25th.

In related news, insider Shin-Shing Bosco Chiu sold 3,022 shares of the stock in a transaction on Wednesday, January 31st. The stock was sold at an average price of $83.50, for a total value of $252,337.00. Following the transaction, the insider now owns 10,000 shares of the company’s stock, valued at $835,000. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Robert Levy sold 6,980 shares of the stock in a transaction on Friday, January 26th. The shares were sold at an average price of $78.54, for a total value of $548,209.20. Following the completion of the transaction, the executive vice president now directly owns 212,595 shares in the company, valued at approximately $16,697,211.30. The disclosure for this sale can be found here. In the last three months, insiders sold 38,201 shares of company stock worth $2,801,087. 4.95% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. M&T Bank Corp increased its stake in Herbalife by 0.3% in the second quarter. M&T Bank Corp now owns 5,371 shares of the company’s stock valued at $384,000 after acquiring an additional 15 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in Herbalife by 7.2% during the second quarter. The Manufacturers Life Insurance Company now owns 2,821 shares of the company’s stock valued at $201,000 after buying an additional 189 shares during the period. Prudential Financial Inc. boosted its position in Herbalife by 6.3% during the second quarter. Prudential Financial Inc. now owns 5,081 shares of the company’s stock valued at $362,000 after buying an additional 300 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Herbalife by 36.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,445 shares of the company’s stock valued at $233,000 after buying an additional 922 shares during the period. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Herbalife by 1.8% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 71,881 shares of the company’s stock valued at $4,876,000 after buying an additional 1,258 shares during the period.

Herbalife (NYSE:HLF) opened at $79.88 on Tuesday. The firm has a market cap of $7,137.96, a price-to-earnings ratio of 18.11 and a beta of 1.37. Herbalife has a 1-year low of $50.70 and a 1-year high of $84.96. The company has a debt-to-equity ratio of 9.94, a current ratio of 2.65 and a quick ratio of 2.24.

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About Herbalife

Herbalife Ltd. is a global nutrition company. The Company develops and sells weight management, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, as well as personal care products. Its operating segments are based on geographical operations in six regions: North America; Mexico; South and Central America; Europe, the Middle East, and Africa (EMEA); Asia Pacific, and China.

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